Railroad Operation - shop work workers comp rate in Indiana
The filed workers comp rate for class code 6704 M (Railroad Operation - shop work) in Indiana is $2.25 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $11,250 in base premium.
Rate per $100 $2.25
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 38%
Confidence HIGH
FAQ
What is the workers comp rate for code 6704 M in Indiana?
The filed workers comp loss cost / rate for NCCI class code 6704 M (Railroad Operation - shop work) in Indiana is $2.25 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 6704 M on $500,000 of payroll?
At $2.25 per $100, $500,000 of payroll yields a base premium of $11,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6704 M?
UT has the cheapest filed rate for code 6704 M ($1.65) and KS the highest ($4.60). Indiana sits at the 38th percentile across 16 peer states.